Luckin may be kicked off Nasdaq over fraud admission as board seeks to rein in shady listings. Delisting would put Luckin in the company of penny stocks.
Even with consumers staying home, O2O companies Meituan and Eleme face challenges selling and delivering meals to them.
Various parties involved in Meituan’s food delivery ecosystem are pointing fingers at one another over missing profits. It doesn’t look good.
As Meituan CEO Wang Xing’s right hand man—and college best friend—announces his retirement, TechNode takes a close look back at his career.
Rising commission fees are eroding profitability at small restaurants. Many owners say they’ve had enough.
Waste-sorting has become a hot topic in the eastern Chinese city as online platforms seize on opportunities in the sector.
Dada-JD Daojia (达达-京东到家), a Chinese online grocery and delivery company, has completed the latest round of funding, raising $500 million from Walmart and JD.com.
The company plans to increase its market share by expanding its retail business in the southern region of China and in Beijing.
Three years after being fired, the ex-Dianping worker got RMB 120,000 in compensation.
Alibaba’s lifestyle app Koubei is testing an online restaurant menu function (in Chinese) at a chain tea shop and a fast food store in Wuxi City. The new feature offers two different kinds of services. Customers dining in at the restaurant can place orders on Koubei app when they are waiting in the line or […]